JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) Stock Position Increased by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV boosted its position in shares of JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) by 19.2% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 138,377 shares of the company’s stock after buying an additional 22,277 shares during the quarter. JPMorgan Equity Premium Income ETF accounts for approximately 0.6% of Nations Financial Group Inc. IA ADV’s investment portfolio, making the stock its 29th largest position. Nations Financial Group Inc. IA ADV’s holdings in JPMorgan Equity Premium Income ETF were worth $8,235,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC acquired a new stake in shares of JPMorgan Equity Premium Income ETF during the 3rd quarter valued at $25,000. HHM Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the second quarter valued at $28,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of JPMorgan Equity Premium Income ETF during the first quarter valued at $38,000. Centerpoint Advisors LLC acquired a new position in shares of JPMorgan Equity Premium Income ETF in the 2nd quarter valued at $43,000. Finally, Brown Lisle Cummings Inc. increased its stake in JPMorgan Equity Premium Income ETF by 48.0% in the 3rd quarter. Brown Lisle Cummings Inc. now owns 786 shares of the company’s stock worth $47,000 after purchasing an additional 255 shares in the last quarter.

JPMorgan Equity Premium Income ETF Trading Up 0.3 %

JEPI stock traded up $0.16 during mid-day trading on Monday, reaching $60.19. 543,150 shares of the stock traded hands, compared to its average volume of 3,130,265. JPMorgan Equity Premium Income ETF has a 52-week low of $53.67 and a 52-week high of $60.20. The stock’s fifty day moving average is $59.06 and its 200-day moving average is $57.58. The company has a market cap of $35.32 billion, a P/E ratio of 24.40 and a beta of 0.53.

About JPMorgan Equity Premium Income ETF

The JPMorgan Equity Premium Income ETF (JEPI) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively-managed fund that invests in large-cap US stocks and equity-linked notes (ELNs). It seeks to provide similar returns as the S&P 500 Index with lower volatility and monthly income.